Caseys General Stores Inc (CASY)
Profitability ratios
Return on sales
| Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | |
|---|---|---|---|---|---|
| Gross profit margin | 0.00% | 22.53% | 20.35% | 21.33% | 27.06% |
| Operating profit margin | 0.00% | 4.77% | 4.24% | 3.84% | 5.21% |
| Pretax margin | 4.47% | 4.41% | 3.89% | 3.40% | 4.68% |
| Net profit margin | 3.43% | 3.38% | 2.96% | 2.62% | 3.59% |
The profitability ratios of Caseys General Stores Inc. over the period from April 2021 to April 2024 reflect a nuanced trajectory. The gross profit margin experienced a notable decline from 27.06% in April 2021 to 21.33% in April 2022, followed by further reduction to 20.35% in April 2023. However, a modest recovery is observed in April 2024, with the gross profit margin rising to 22.53%. The significant decrease in gross margin suggests increased cost pressures or pricing challenges during this period, which partially subsided in the subsequent year.
The operating profit margin mirrors this trend, decreasing from 5.21% in April 2021 to 3.84% in April 2022, then slightly improving to 4.24% in April 2023 and further to 4.77% in April 2024. This progression indicates a narrowing of operating efficiency or margin compression, followed by partial recuperation, potentially owing to operational improvements or cost control measures implemented in the later period.
Pre-tax margins follow a similar pattern, declining from 4.68% in April 2021 to 3.40% in April 2022, then rising modestly to 3.89% in April 2023, and reaching 4.41% in April 2024. This steady increase after the low point suggests an improvement in pre-tax profitability, possibly driven by better operating results or reduced non-operating expenses.
The net profit margin shows a decline from 3.59% in April 2021 to 2.62% in April 2022, then an upward movement to 2.96% in April 2023 and further to 3.38% in April 2024. This indicates a gradual enhancement in overall profitability after a dip, consistent with improvements in operating and pre-tax margins.
Overall, the period reflects an initial decline in profitability ratios, which coincided with margin compression, followed by a phase of modest recovery by April 2024. The ratios in April 2025 are reported as zero, likely indicating missing or incomplete data rather than meaningful financial performance. The observed trends suggest that while the company faced profitability pressures during the early part of this period, it made progress toward stabilizing and improving margins in subsequent years.
Return on investment
| Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 0.00% | 11.18% | 10.76% | 9.04% | 10.18% |
| Return on assets (ROA) | 6.66% | 7.91% | 7.52% | 6.17% | 7.02% |
| Return on total capital | 20.31% | 23.53% | 24.03% | 22.21% | 23.49% |
| Return on equity (ROE) | 15.58% | 16.65% | 16.79% | 15.16% | 16.19% |
The profitability ratios of Caseys General Stores Inc. over the period from 2021 to 2024 exhibit certain notable trends and patterns. The operating return on assets (Operating ROA) increased steadily from 10.18% as of April 30, 2021, to a peak of 11.18% in 2024, indicating an improving efficiency in generating operating income from the company's assets. Interestingly, the projected data for 2025 shows a significant decline to 0.00%, which appears anomalous and may reflect a data anomaly or an anticipated operational change.
The return on assets (ROA), which considers net income relative to total assets, followed a stable pattern with modest fluctuations. It decreased from 7.02% in 2021 to 6.17% in 2022, then recovered slightly to reach 7.52% in 2023 and 7.91% in 2024, before declining again to 6.66% in 2025. This pattern suggests that while the company experienced some variability, overall profitability relative to total assets remained relatively stable, indicating consistent net income generation efficiency.
The return on total capital, incorporating both equity and debt financing, shows a similar trend. It declined marginally from 23.49% in 2021 to 22.21% in 2022, rose to 24.03% in 2023, and slightly decreased to 23.53% in 2024. In 2025, this ratio drops notably to 20.31%, possibly reflecting changes in capital structure or profitability pressures affecting overall capital utilization.
Lastly, the return on equity (ROE), which measures profitability attributable to shareholders’ equity, maintained a relatively stable level with minor fluctuations. It decreased from 16.19% in 2021 to 15.16% in 2022, then increased to 16.79% in 2023 and remained around 16.65% in 2024 before declining to 15.58% in 2025. The stability of the ROE over this period indicates that the company's ability to generate profits for shareholders remained consistent, despite some slight variations.
In summary, Caseys General Stores Inc. demonstrated a general trend of modest improvement in operational efficiency and profitability from 2021 through 2024, with indicators stabilizing around certain levels. The projected data for 2025 suggests potential challenges or structural changes impacting profitability metrics, although specific causes are not evident from the data alone.